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Report: US Preparing Sanctions Over Alleged Chinese Cybertheft

The Washington Post reported Sunday the Obama Administration is preparing “unprecedented” economic sanctions against Chinese companies and individuals who benefit from the cybertheft of valuable U.S. trade secrets. Such action would follow President Obama’s executive order declaring such activities a “national emergency,” and precedes the state visit of Chinese President Xi Jinping. The Post, quoting several administration officials, said the United States has not yet decided to issue the...

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